THAN Asbestos Trust: Claims and Payment

Confirmation of the company's Chapter 11 plan of reorganization created the T H Agriculture & Nutrition, L.L.C. Asbestos Personal Injury Trust in 2009, according to the trust's website. The Trust Distribution Procedures refer to a Prepackaged Plan of Reorganization dated October 10, 2008, and identify November 24, 2008 as the Commencement Date and the date the plan was filed with the bankruptcy court. The first amended procedures are stated to be effective April 1, 2011. They resolve asbestos personal injury and death claims caused by exposure to asbestos-containing products, defined to include raw asbestos and asbestos fibers, and they schedule eight disease levels, seven with presumptive medical and exposure criteria. A notice on the trust site states that, effective September 1, 2026, the payment percentage applied to all claims in the first-in, first-out payment queue increases from 15% to 16.3%, and that claims previously paid at 15% receive supplemental payments under Section 4.3 of the procedures. The site also lists two amendments to the procedures, dated April 4, 2014 and September 29, 2017.